Dax up, Siemens share price rally

In addition, stocks from the chip and AI industries are once again worth a look. Taiwanese chip contract manufacturer TSMC exceeded earnings expectations in the second quarter.

Unspectacular Wednesday on Wall Street

The New York Stock Exchange ended a largely unspectacular trading day on Wednesday with moderate price gains. Neither further business figures nor new inflation and economic data provided any noticeable stimulus. Renewed speculation about an early dismissal of US Federal Reserve Chairman Powell proved unfounded and therefore only had a brief negative impact.

The Dow Jones Industrial, which had been weak the day before, showed a slight recovery, rising 0.5 percent to 44,254 points. The broad-based S&P 500 , which had slipped slightly into negative territory on Tuesday after an early record high, gained 0.3 percent to 6,264 points. The technology-heavy Nasdaq 100 , which also set a record high and narrowly managed to finish the week higher, ultimately rose 0.1 percent to 22,907 points.